🚨 Unemployment rates are rising to their highest level in 3 years, which is a dangerous sign. If the Federal Reserve delays in supporting the U.S. economy, things could escalate very quickly - once the snowball starts rolling, it is hard to stop. I have been saying this for the past two years, and now the job data clearly shows that this trend has reversed. The market is becoming weaker in secret. This is why the Federal Open Market Committee meeting in January is critically important. Currently, the likelihood of a 25 basis point rate cut does not exceed 24.4%, adding to the tension. Something big is forming... and the markets are watching closely.
Please follow up
ACE
0.238
-5.55%